Image showing the following text: China leads in #renewables. Thanks to the Iran conflict, China is set to become the go-to renewables partner in Asia. #EU long-standing spat with Russia, blockading #gas and #oil puts pressure on EU renewables. Several EU members recently announced significant budget shifts to renewables in light of Iran & oil reliance vulnerabilities. The general global promotion of electric vehicles represents an energy paradigm shift. Not forgetting the recent return to favour of nuclear electricity generation. #Canada: Carney promotes distancing from USA, or is it really the PetroDollar? The #PetroDollar is on its last legs and everyone predicts China holds the currency-in-waiting. Trump is isolating & instigating programmes to insulate the USA. Is he really creating Fortress USA? Even if the World Economic Form's ( #WEF) & #UN enthusiasm for reducing global population to 500 million is true, all the fabricated wars & #pandemics in the world will not reduce populations quickly enough to prevent dwindling oil reserves (as we are told) from resulting in catastrophe. All this can be seen as nations engaging in lockstep damage limitation exercises in light of a pending global shift in financial and energy economics. Energy, without which nothing happens. It also provides governments with the arguments for painful but necessary decisions the people will ultimately pay for.
The truth about the #Iran #war; my thoughts.
Oil-rich #Gulf states are #diversifying from oil, e.g., Palm Jebel Ali, NEOM project, including The Line & Al Dhafra.
#SouthAmerican, with significant renewables, is distancing from #USA; #multilateral agreements (many with #BRICS: #Russia & #China).
